ADB provides US$300m loan to BIDV to support SMEs in Viet Nam The Asian Development Bank (ADB) and Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) signed a US$300 million loan agreement on Wednesday to support the growth and productivity of small and medium-sized enterprises (SMEs) in Viet Nam. “The agreement includes a $200 million loan provided by ADB and a $100 million loan arranged by ADB from 12 commercial lenders,” BIDV Chairman Phan Duc Tu said at the signing ceremony. “This is the biggest commercial loan ADB has provided to an Asian commercial bank so far, affirming the development finance institution’s positive evaluation of Viet Nam’s stability and economic growth as well as its trust in Viet Nam’s banking operations in general and BIDV in particular.” He said the loan would support SMEs in Viet Nam and reaffirm their partnership with ADB in achieving poverty reduction, economic … [Read more...] about BUSINESS NEWS IN BRIEF 14/12
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When Apple announced two major new healthcare features this week, it billed them both as terrific innovations that may well keep us alive. Later this year, its Watch will be able to automatically call emergency services if it detects you have suffered a fall and are no longer moving. And it will also let you know if you have heart problems and should perhaps visit your doctor as soon as possible. Other devices have offered similar functions in the past, albeit in less elegantly presented gadgets. But with an estimated 50 million Apple Watches out there already, there are concerns about the pressures it may bring to already-strained healthcare systems. The result may be even more calls to emergency services and, according to one of Britain’s leading surgeons, a new wave of technology-driven hypochondria. "Medical professionals will also need to be vigilant to the risk of misdiagnosis and overtreatment that this proliferation of personalised health information could bring,” … [Read more...] about Can health services handle the Apple Watch?
After graduating from Ho Chi Minh City's National Music and Drama School (now HCM City Music Academy), Tri Nguyen continued his studies at the Paris Music Teacher's Training School (Ecole Normale de Musique de Paris). In 2015, his debut zither album, Consonnances (2015), won the USA Global Music Award’s (GMA) gold medal for World Music. He went on to win a gold at the GMA two years later for his third album, Beyond Borders (2017), which was selected for the final round of the Independent Music Awards (IMA) 2018 and the first round of the Grammy Awards 2018. In his below interview with Nhan Dan Weekly Newspaper, Tri Nguyen shared how he developed such a deep attachment with the Vietnamese ‘dan tranh’ and his upcoming musical projects in the near future. Question: Why do choose to develop your musical career with Vietnamese ‘dan tranh’ instead of the piano, which you are pretty good at? Zitherist Tri Nguyen: When we talk about the piano, everyone knows what … [Read more...] about Zitherist Tri Nguyen: Vietnamese music conquering world stage
PetroVietnam signs deals on Sao Vang-Dai Nguyet gas field exploitation A series of trade agreements on exploiting the Sao Vang-Dai Nguyet gas field was inked between the Vietnam National Oil and Gas Group (PetroVietnam) and its partners in Hanoi on July 31. The agreements included a gas sales and purchase and a gas supply agreement. The stakeholder participation in the Petroleum Sharing Contract includes the operator Idemitsu Kosan Co Ltd with 43.08 percent; Teikoku Oil (Con Son) Co Ltd, 36.92 percent; and PetroVietnam, 20 percent. Speaking at the signing ceremony, PVN General Director Nguyen Vu Truong Son said the signing of trade agreements achieved after over two years of negotiations among sides involved. He said the event is very significant for the gas filed to turn out the first flow of oil and gas in the third quarter of 2020, with an estimated annual output of 1.5 billion cubic metres of gas and of 2.8 million barrels of crude oil and natural-gas condensate. The … [Read more...] about BUSINESS NEWS IN BRIEF 4/8